Gold Resource Corp (GORO): Uncovering A True Diamond In The Rough

Gold Resource Corp (AMEX:GORO) currently has a daily average trading volume of 2.88M but it saw 1536940 shares traded in last market. With a market cap of 80.45M USD, the company’s current market price of $0.59 came falling about -5.09 while comparing to the previous closing price of $0.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.74 and as low as $0.12.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Alliance Global Partners which initiated the stock as “Buy” in its note to investors issued on July 21, 2022, recommending a price target of $4.25 for it. H.C. Wainwright also issued its recommendations for the stock as it initiated the price target for the stock is $7.75.

Over the week, GORO’s stock price is moving -8.87% down while it is 52.79% when we observe its performance for the past one month. Year-to-date it is 156.24% up and over the past year, the stock is showing an upside performance of 8.18%.

Currently, Gold Resource Corp’s total number of outstanding shares is 136.45M with 0.60% of that held by the insiders while 11.11% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -59.12% and return on equity (ROE) at -103.61%. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 2.89 while price to sale or P/S ratio amounts to 1.40. Its return on asset (ROA) is -36.81% on average.